Corporate governance refers to the regulations and structures in place to effectively monitor that listed limited liability companies are run and managed as efficiently as possible.
Ultimately, the purpose of corporate governance is to satisfy to the greatest extent the shareholders' demands for return on their investments and to give all stakeholders comprehensive, accurate information about the company.
New Wave Group applies the Swedish Code of Corporate Governance. Companies listed on the OMX Nordic Exchange Stockholm with a market value exceeding SEK 3 billion are obliged to apply the Swedish Code of Corporate Governance. More information about the Code can be found at www.bolagsstyrning.se, which also includes a description for foreign investors.